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Candlewood Suites Chambersburg 231 Walker Rd 70 Room Hotel Chambersburg, PA 17201 For Sale
Investment Highlights
- Discount to Replacement Cost
- Premium Extended Stay Sector Growth
- Compelling Economic Fundamentals
- Absence of Lodging Supply in Chambersburg
- Fee simple hotel offering unencumbered by management and debt
- Strategic Market Positioning
Executive Summary
JLL's Hotels & Hospitality Group, as sole and exclusive agent for Summary of facilities and amenities the owner, has been retained to offer for sale the fee simple interest in the 70-key Candlewood Suites Chambersburg (the "Hotel" or "Property"). Strategically positioned along the I-81 corridor with excellent highway access, this IHG-branded extended stay asset benefits from Chambersburg's emerging status as a premier data center and logistics hub while serving the diverse accommodation needs of the greater Cumberland Valley region. The Chambersburg market presents compelling economic fundamentals driven by Pennsylvania's aggressive data center incentives, significantly lower power and land costs compared to Northern Virginia, and robust fiber optic infrastructure along the I-81 corridor supporting proximity to major metropolitan areas including Baltimore, Washington D.C., and Philadelphia.
This acquisition represents an exceptional value-add opportunity as the Hotel will be offered unencumbered by management agreements, allowing a new owner-operator to implement strategic operational enhancements and aggressive revenue management strategies without the need for a PIP. A new owner will acquire a well-constructed extended stay asset offered at a significant discount to replacement cost in a market with zero competing development pipeline. The absence of meaningful new lodging supply in Chambersburg, combined with the premium extended stay sector's proven resilience and superior gross operating profit margins, creates an ideal environment for market share recapture within this strategically important Mid-Atlantic corridor.
This acquisition represents an exceptional value-add opportunity as the Hotel will be offered unencumbered by management agreements, allowing a new owner-operator to implement strategic operational enhancements and aggressive revenue management strategies without the need for a PIP. A new owner will acquire a well-constructed extended stay asset offered at a significant discount to replacement cost in a market with zero competing development pipeline. The absence of meaningful new lodging supply in Chambersburg, combined with the premium extended stay sector's proven resilience and superior gross operating profit margins, creates an ideal environment for market share recapture within this strategically important Mid-Atlantic corridor.
Property Facts
| Sale Type | Investment | Building Size | 56,790 SF |
| Property Type | Hospitality | No. Rooms | 70 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built | 2011 |
| Lot Size | 2.33 AC | Corridor | Interior |
| Zoning | COM - Hotel | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.33 AC |
| Building Size | 56,790 SF |
| No. Rooms | 70 |
| No. Stories | 3 |
| Year Built | 2011 |
| Corridor | Interior |
| Zoning | COM - Hotel |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- Meeting Event Space
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 70 | $104.00 | - |
Property Taxes
| Parcel Number | 03-1C00-167B-000000 | Improvements Assessment | $399,000 |
| Land Assessment | $25,590 | Total Assessment | $424,590 |
Property Taxes
Parcel Number
03-1C00-167B-000000
Land Assessment
$25,590
Improvements Assessment
$399,000
Total Assessment
$424,590
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Candlewood Suites Chambersburg | 231 Walker Rd
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